China Piling Machine Market Size & Outlook, 2022-2030
China piling machine market, 2018-2030 (US$M)
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China piling machine market highlights
- The China piling machine market generated a revenue of USD 873.1 million in 2022 and is expected to reach USD 1,311.1 million by 2030.
- The China market is expected to grow at a CAGR of 5.2% from 2023 to 2030.
- In terms of segment, piling rigs was the largest revenue generating product in 2022.
- Piling rigs is the most lucrative product segment registering the fastest growth during the forecast period.
Piling machine market data book summary
| Market revenue in 2022 | USD 873.1 million |
| Market revenue in 2030 | USD 1,311.1 million |
| Growth rate | 5.2% (CAGR from 2022 to 2030) |
| Largest segment | Piling rigs |
| Fastest growing segment | Piling rigs |
| Historical data | 2018 - 2021 |
| Base year | 2022 |
| Forecast period | 2023 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Impact hammer, Vibratory drivers, Piling rigs |
| Key market players worldwide | Epiroc AB DR, Sany Heavy Equipment International Holdings Co Ltd, Liebherr Group, BAUER Group, XCMG Group, Casagrande, Watson Drill Rigs, International Construction Supplies, ABI Gruppe, Fundex Equipment, Dieseko Group B.V., IQIP, Junttan, Trevi Finanziaria Industriale |
Other key industry trends
- In terms of revenue, China accounted for 17.8% of the global piling machine market in 2022.
- Country-wise, China is expected to lead the global market in terms of revenue in 2030.
- In Asia Pacific, China piling machine market is projected to lead the regional market in terms of revenue in 2030.
- China is the fastest growing regional market in Asia Pacific and is projected to reach USD 1,311.1 million by 2030.
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Piling Machine Market Scope
Piling Machine Market Companies
| Name | Profile | # Employees | HQ | Website |
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China piling machine market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to piling machine market will help companies and investors design strategic landscapes.
Piling rigs was the largest segment with a revenue share of 41.05% in 2022. Horizon Databook has segmented the China piling machine market based on impact hammer, vibratory drivers, piling rigs covering the revenue growth of each sub-segment from 2018 to 2030.
China accounted for the largest construction industry in Asia Pacific owing to the increasing need for residential and commercial buildings to cater to the growing population.
Rising commercial construction of industrial facilities, complexes, hospitals, hotels & restaurants, and retail spaces to cater to the growing demand is expected to support the growth of construction industry and drive the demand for piling machines.
Furthermore, growing urbanization in China is one of the primary factors boosting the growth of construction industry and consequently, the demand for piling machines. Moreover, the country has undergone a massive urbanization process that has transformed the country in the past decade.
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Target buyers of China piling machine market databook
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Our clientele includes a mix of piling machine market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of country-level data and insights on the China piling machine market , including forecasts for subscribers. This country databook contains high-level insights into China piling machine market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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China piling machine market size, by product, 2018-2030 (US$M)
China Piling Machine Market Outlook Share, 2022 & 2030 (US$M)
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